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Best results – Prinx Chengshan publishes 2023 financials

Best results – Prinx Chengshan publishes 2023 financials
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Prinx Chengshan Announces 2022 Annual Results - Media OutReach Newswire | MySinchew 星洲网 Sin Chew Daily Malaysia Latest News and Headlines

Growing against headwinds and achieving growth in both revenue and net profitResults Highlights: Revenue for the Period was approximately RMB 8,152.0 million, representing an increase of 8.2% During the period, the sales volume of t.

Prinx Chengshan s earnings drop despite higher sales

Prinx Chengshan's gross profit fell nearly 25 percent despite 20 percent higher sales. Cost of raw materials and ocean-freight rates are to blame, the company says.

Prinx Chengshan s earnings drop despite higher sales

Prinx Chengshan's gross profit fell nearly 25% despite 20% higher sales, due in large part to "significant" increases in raw-materials costs and ocean-freight rates.

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